CAN IMPERIAL BK OF COMMERCE (CM.CA) Stock Technical Analysis
TSX:CM - Toronto Stock Exchange - CA1360691010 - Common Stock - Currency: CAD
Taking everything into account, CM scores 4 out of 10 in our technical rating. In the last year, CM was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
When comparing the yearly performance of all stocks, we notice that CM is one of the better performing stocks in the market, outperforming 77% of all stocks. On top of that, CM also shows a nice and consistent pattern of rising prices.
CM is part of the Banks industry. There are 31 other stocks in this industry. CM outperforms 100% of them.
CM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CM is lagging the market slightly.
CM has an average volume of 4185450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
In the last month CM has a been trading in the 81.26 - 93.31 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
CM has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 88.13. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 88.00, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CM in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
72.08
96.33
We found 3 important support areas.
- A support zone ranging from 87.11 to 88.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @81.93 from a trend line in the weekly time frame.
- Support @72.81 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 88.13 to 91.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 94.35 to 95.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.7
Mansfield0.43
10 Day High89.3
10 Day Low81.26
20 Day High93.31
20 Day Low81.26
52 Week High95.5
52 Week Low61.9
Performance
1 Week-1.08%
2 Weeks-3.87%
1 Month-2.92%
3 Month-1.66%
6 Month22.25%
12 Month42.11%
2 Year41.04%
3 Year9.72%
5 Year72.3%
10 Year83.99%
15 Year151.42%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.21
RSI(14)39.55
LBB85.39
UBB93.3
CAN IMPERIAL BK OF COMMERCE
TSX:CM (2/14/2025, 7:00:00 PM)
88.01
-0.04 (-0.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.05%
1 Week-1.08%
2 Weeks-3.87%
1 Month-2.92%
3 Month-1.66%
6 Month22.25%
12 Month42.11%
2 Year41.04%
3 Year9.72%
5 Year72.3%
10 Year83.99%
15 Year151.42%
Volatility
ATR(14)1.88
ATR(20)%1.77%
ATR Inc-56.23%
Range Today0.69
ADR(20)1.37
ADR(20)%1.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.7
Mansfield0.43
10 Day High89.3
10 Day Low81.26
20 Day High93.31
20 Day Low81.26
52 Week High95.5
52 Week Low61.9
CS1 End88
CR1 Start88.13
Volume & EV
DER(3)3.8%
DER(5)0.58%
Volume1.89M
Volume Incr-31.62%
Vol(5)2.31M
Vol(50)4.19M